Monday, June 6, 2016

CLEAN DIESEL TECHNOLOGIES APPOINTS CFO

Clean Diesel Technologies (CDTi) appointed Tracy A. Kern as chief financial officer. She will report to CDTi CEO Matthew Beale.
“To execute our advanced materials and high-value catalyst strategy, we have repositioned the company,” Beale said. “We welcome Tracy, our new CFO who is a proven accounting executive with more than 15 years of financial leadership experience. In addition to her wealth of strategic and operational expertise, she has helped shepherd two public companies through transformations. As we continue the acceleration of our commercial and operational goals, her deep understanding of process improvements and turnarounds will provide important insight for CDTi.”

Kern added, “I am excited to join CDTi at this pivotal time for the company as it drives toward sustainable profitability and long-term growth, and I look forward to contributing to its success as an advanced materials provider for the global emissions control market.”
Beale concluded: “I would also like to extend my gratitude to Dave Shea, who has served as chief financial officer since July 2014 and will assist in the transition process. We appreciate Dave’s contributions and wish him well in his future endeavors.”
Kern has more than 15 years of experience in finance, accounting and auditing. According to the company, her most recent position was chief financial officer at Interlink Electronics Corporation, a provider of force-sensing technologies, where she led the company’s relisting with Nasdaq after a five-year absence and instituted internal controls to ensure compliance with SEC requirements. From 2008 to 2015, Kern was Corporate Controller at Vitesse Semiconductor Corporation, a global provider of integrated circuit solutions for carrier, enterprise and internet-of-things networks that was traded under the ticker VTSS until it was acquired by Microsemi Corporation.
From 2003 to 2008, Kern was CFO of CHAD Therapeutics, where she was responsible for financial analysis and reporting and SEC compliance, and was part of the negotiation of corporate asset sales as well as acquisition of corporate financing. From 1998 to 2003, Kern was audit manager at the public accounting firm KPMG, LLP.
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